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in usual in washington, dc. for the faa the numbers don't add up. their work load has been decreasing and yet they didn't make the necessary changes to prepare for the sequestration. which they've known since last fall was coming. that's why it's just politics as usual in d.c. >> neil: so these cuts that the white house was referring to that took effect formally yesterday, aren't real? >> the cuts are real all right but the problem for the federal aviation administration is their real work load has been falling or forever a decade, and when they were told they had to do the sequestration last fall, logically you would have prepared and put your work force in place at atlanta and new york, and not at branson, missouri, which averages less than one flight per hour. they didn't do that. they were counting -- i was in washington, dc for almost 15 years. you expect things to work out, expect to never have to cut. but the cuts are here but they don't get it. for next year's budget they asked for 100 more people, and three extra billion dollars for security, even though everyone else is cutt
. a couple thoughts on this. one is faa knew this was coming for two years, had a long time plan, bat and you're seeing is controllers are being laid off at the same rate for the big facilities, as they are for the smaller ones. you think faa would say, let's see where most of the people or traveling and keep those fully staffed and be a little more surgical on the smaller airports. >> shepard: sounds like a lot of this is politics. >> does seem rather odd but i don't see the controllers behind it but the administration wants to make sure everybody feels the pain here. >> does that seem understandable to you? >> not real ly. it doesn't. this is one of our great assets in this country, the ability to move across the country, and yet the government is getting in the way of this to prove a political point. we have seen the faa budget for controllers rise 50%, and traffic is down 27%. so we're throwing more money to handle less of a problem, yet now is the time we chose to start making the american people feel the pain? it just doesn't make sense. >> shepard: the american people are already feeli
of flight delays, as the faa scrambles to make due with fewer air traffic controllers. some of the nation's busiest airports fell behind because federal budget cuts have resulted in furloughs across the faa. delays are ranging from 15 minutes to several hours. >>> the record rainfall and flooding that's inundating much of the midwest is far from over. in peoria, the illinois river is cresting today, expected to hit nearly 30 feet. the problem is flood stage is only 18 feet. mississippi and other river towns are seeing similar swamping. near st. louis, more than 100 barges broke free, some smashing into bridges. at least ten of them sank. >>> and there's evidence that we are not exaggerating about the water levels. here it is. take a look at a fish swimming by someone's office window. that's in grand rapids. the river there crested at nearly 22 feet. >> my goodness. >> yikes. >>> today's forecast for the flood zone won't be a welcome one. plan on plenty of rain stretching from south texas all the way to the great lakes. and in the northern-most spots it will be snowing again today. as much
for more flight delays triggered by the sequester. some of the busiest airports fell behind schedule. faa furloughs went into effect leaving fewer air traffic controllers on the job and we have more from abc's matt gutman. >> reporter: the delays piled up in charlotte. waits up to 75 minutes at baltimore washington and at all three new york airports. >> when you have cuts like this, it's not good. it's one of the very few jobs, i think, that should not have one. >> reporter: the faa didn't mince words, blaming most of the backlog on federal budget cuts. the agency said, the crunch forced it to furlough its air traffic controllers one day every other week. it saves the agency nearly $640 million, but the faa says it could cost travelers 90-minute delays on 6,700 flights every day. and the early numbers show delays at baltimore washington anew york's laguardia, spiking fourfold over last monday. part of that could be weather related. but at other airports like philadelphia, not much change. to see for ourselves, we boarded a flight in miami for orlando. here's the confusing thing. the fligh
of the country. the faa estimates nationally that these delays would cause 6,700 delays a day. >>> a nuclear power plant in eastern tennessee has extra security this morning after a shooting over the weekend. police say a man fired shots at a guard who then returned fire. it happened at the watts bar plant in spring city. no one was hurt. >>> well, president obama has invited all 20 female senators to dinner at the white house tonight. it's the latest get-together scheduled by the president in an effort to find common ground with congress. no word yet on just who has rsvp'd. >>> and new york mayor michael bloomberg wants to raise the legal age to buy cigarettes from 18 to 21. it would be the strictest limit of any big city but would only affect purchases. it would not prohibit those younger from 21 from having or even smoking cigarettes. >>> no to what's moving your money. cnbc's courtney reagan is here. courtney, good morning to you. >> hi, richard. apple reports earnings today. with the stock dropping below $400 a share after peaking above 700 in september, you know it's the talk of wall s
: the faa releasing a statement saying it will quote, be working with the airlines and using a comprehensive set of air traffic management tools to minimize the delays and impacts of lower staffing as we move into the busy summer season. do you find that reassuring? i'm not sure i do. good morning stuart. stuart varney from the fox business network. stuart couldn't we move money over from consultants and grants to help folks out in the control tower? >> let me spell out what we're talking about. $500 million this year for consultants. $474 million in wrapts grants to make communities more liveable and sustainable. obvious, question, martha, take some money out of the consultants bucket and put it into air traffic controlsers bucket to avoid delays. president says can't do that. i don't have the flexibility to target nonessentials. can't do it. so the republicans introduced a bill that would specifically give the president that flexibility, to avoid this pain. he threatened to veto it. that's where we stand this morning. more cuts are coming. more delays are coming. the president does not wan
as the national transportation safety board takes a closer look at one fire in particular just days after the faa approved boeing's plan to get its fleet back in the air. dan springer is live in seattle. dan? >> reporter: yeah, jon. the faa approved the battery fix even as the company answers tough questions about the fire back in january that led to the dreamliner fleet getting grounded. the plane's lithium ion battery sured a short which led to the failure of all eight cells. boeing's new plan includes a redesigned battery that has more insulation between the cells to prevent what's called thermal runaway. the battery charger has been redesigned to reduce the total amount of energy in the battery so it doesn't work as hard, and it's going to be in a better steel containment box that won't allow oxygen to fuel a fire. the ntsb put boeing on the defensive this morning about its assumptions that turned out to be wrong. >> what we can't do is we can't account for every single possible method of short circuit, particularly what we would consider the unknown unknowns. >> reporter: boeing says it has
at the airport. the f.a.a. imposing furloughs on thousands of employees. those cuts are being blamed on sequester. guess what? delays, delays, delays. >>steve: with fewer workers responsible for the same number of planes that means you're going to have to wait. here now stuart varney, we're not going to make him wait. the scare quester didn't work. now what they're trying to do is inflict pain. people are going to sit on planes, they're going to call their congressmen. "you've got to do something about it! " >> that's right. quick pop quiz. did you know the f.a.a., the people who run the air traffic system, this year they will spend $500 million on consultants, $325 million on supplies and travel, $474 million on grants to make communities more livable and sustainable. >>steve: are you saying there's money available where they don't have to furlough those guys? >> exactly. why don't you take some of that money and put it into the air traffic controllers' bucket so we don't have to have these delays? because the president says we don't have the flexibility. we cannot redirect spending. not allowed
? >> possible options for travelers now that it is day three of the faa furloughs longer airport wait time, longer tarmac wait time perhaps canceled flights all together. now they have filed a motion to place a moratorium on the rule saying airlines cannot let passengers remain on the tarmac for more than 3 hours. the motion notes 6700 flights will be delayed daily at 13 of the busiest airports now that the furloughs have started f. you add bad weather on ton of that it could get pretty ugly. if the tarmac rule does stay in place airlines may be forced to cancel flights and significantly disrupt travel plans. because they don't have the appropriate staff to go deal with the travel disruption. >> they are telling passengers there's always the bus. >> college, is it worth it or not worth it? >> there is a growing number of people saying it's not worth it. no longer guarantees success. even a good enough job where you make enough money to pay back your student loan. the average college grad is graduating with 28,000 in debt. that's why some high school grads are starting their own businesses
air traffic controllers had delays up to three hours. the faa says with fewer eyeballs, there will be better managed traffic. that's coming up next. but i wondered what a customer thought? describe the first time you met. you brought the flex in... as soon as i met fiona and i was describing the problem we were having with our rear brakes, she immediately triaged the situation, knew exactly what was wrong with it, the car was diagnosed properly, it was fixed correctly i have confidence knowing that if i take to ford it's going to be done correctly with the right parts and the right people. get a free brake inspection and brake pads installed for just 49.95 after rebates when you use the ford service credit card. did you tell him to say all of that? no, he's right though... ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. oh, hi thehey!ill. are you in town for another meeting? yup, i brought my a-team. business trips add up to family time. this is my family. this is joe. hi joe! hi there! earn a t
an hour long. >> reporter: the faa is blaming the delays on across-the-board budget cuts which, it says, forced it on to furlough 15,000 air traffic controllers and other workers and were spacing out flights in the name of safety. several hundred flights delayed, less than the agency's prediction of 6,700 daily flight delays. but transportation secretary ray lahood warns abc, we might see an airplane apocalypse yet. >> we did not take into account weather activities. these delays could get extended beyond the 60 to 90 minutes. >> reporter: late monday, i decided to investigate the delays myself. taking a round-trip from miami -- not bad. taking off about 25 minutes late. to orlando -- it looks like we're about to take off about 50 minutes late. not too bad given the circumstances. and back. now, a lot of folks back in there gripe that probably the airports that the politicians and congressmen use, washington national, probably didn't have too many delays. it did. delays up to two hours. airline analysts say if this persists through the summer, we could see ticket prices start to rise. r
, and what we think is the right solution is the faa, the government agency, they need to learn with those bodies. they need to learn to understand exactly what's being done in the different industries to deal with different threats. and that's how we're going to develop our own best practice. >> host: gautham nagesh. >> greg, you mentioned that thebacking industry is largely ahead of the curve when it comes to these sorts of things, likely due to the nature of the business itself, and like you said, the criminals are often looking for money. how would you say the broader employees of your industry, how successful would your education efforts be, would you say, and have there been any keys that could be applied to other critical infrastructure sectors? >> guest: i think the, you know, by and large, employees within the financial institutions, um, are fairly well aware of what's going on, and, you know, given over the last year increasing news about attacks on the financial system, the awareness has only grown. as part of every bank's standard procedures, employees are tested. they're train
Search Results 0 to 11 of about 12

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